If you can't find the answer to your question below, please contact us on 0800 525 209 and we'll be happy to help.
Yes, all the vehicles supplied by Applied Leasing Ltd are brand new unless stated otherwise. Sometimes we have particularly good offers on pre-registered vehicles (registered by a certain date to attract extra manufacturer support) but these would still be regarded as brand new and you will be advised of this at the point of sale.
Vehicles are usually driven to their destinations by professional drivers or delivery agents. In some instances our vehicles can be transported on low loaders but this usually attracts an additional cost.
When you are discussing your lease agreement at the start, one of the most important things on the agenda is the annual mileage. It is vital to choose a mileage allowance that reflects your driving habits because if you exceed your chosen mileage, you will be required to pay an extra amount, calculated on how many additional miles you have done at the agreed excess mileage charge.
Your choice of mileage allowance should be based on what you have done in previous years, unless of course you know that this is about to change. You can get a rough idea of the mileage per annum that you have travelled from your employer (if you have had a company car) or the difference between the mileage amounts stated on your recent MOT certificates another way to calculate this is how many miles you do in an average month and multiply it by 12. Keep in mind that we all tend to use our cars more during the winter period also don’t forget to factor in that all important Holiday.
In short, make your estimation as accurate as possible.
If you exceed the mileage allowance on your lease vehicle, any mileage over the agreed amount is charged at the agreed excess mileage rate per mile.
Exceeding mileage on a lease contract example
If the excess stated in your agreement is 9p per mile (ppm), and you exceeded your mileage allowance by 1,000 miles, you would receive an additional invoice charge for £90 at the end of your lease.
All Leasing Quotes provided by Applied Leasing Ltd show all details on your contract before committing to anything:
Business Contract Hire Example:
Finance Term: 36 months
Payment Profile: £1,462.59 in advance plus 35 monthly rentals
Initial Rental (Exc VAT): £1,462.59
Monthly Rental (Exc VAT): £162.51
Excess Mileage Charge (Exc VAT): 9ppm
Note: The example provided above relates to a vehicle returned at the end of the lease period.
During your lease period there may be changes to your circumstances, such as moving home and changing jobs, which may affect the amount of daily and weekly mileage that you may do, if this is the case it is a good idea to contact the finance company to see if a mileage extension is available to you.
It is your responsibility to monitor your own mileage, it will not be regularly checked by us or your Finance Company.
UK law states that you if own, lease or rent a vehicle; you must have appropriate motor insurance in place to use the vehicle on UK roads and in public places. For lease vehicles, the vehicle must be insured on a fully comprehensive insurance policy.
A lease contract includes many benefits including free driven delivery, full manufacturer’s warranty, breakdown recovery and road tax, insurance is not included in your lease contract. You are responsible for arranging your own insurance on the vehicle. This must be a fully comprehensive insurance policy and the hirer obtaining finance must be the main policy holder or a named driver on the insurance certificate.
Once your vehicle has arrived at the dealership and all necessary checks have been completed (PDi), we will contact you to arrange delivery and to confirm your vehicle registration. It is at this point that you will be expected to arrange your vehicle insurance and provide a proof of this before delivery can take place. This must be a fully comprehensive insurance policy and the certificate must your name, registration number and must be dated on or before your delivery date.
Your new lease vehicle must be insured from the day of delivery to the end of the contract or until the day of collection by the finance provider.
For personal lease agreements, the hirer obtaining finance must be the main policy holder or a named driver on the insurance certificate.
For business lease agreements, the insurance certificate should be in the company name or a director's name. If an employee is required to drive the vehicle, a letter on company headed paper may be requested confirming that the employee is authorised to drive the vehicle and confirming his/her position in the company.
Subject to obtaining the funders permission, there should be no problem with adding a cherished plate to a contract hire/leased vehicle.
Please be advised that Applied Leasing Ltd is able to arrange for the cherished plate to be added to your vehicle before delivery but this can delay the delivery process, therefore we advise that you arrange this with the finance company direct after you have taken delivery of the vehicle.
It is also worth noting that the finance provider may charge an administration fee for this service and that the cherished plate must be removed from the vehicle before it is returned at the end of the contract.
DPFs (Diesel Particulate Filter) are fitted to meet European emissions regulations designed to reduce vehicle emissions of particulate matter (soot) associated with respiratory disease and cancer. For more information please visit our Diesel Particulate Filter page